The Securities and Exchange Commission (SEC) initiates a new investigation into the company and calls its CEO to testify. The case continues.
Anti money laundering / Diario AS.
The United States Securities and Exchange Commission has called to declare Bobby Kotick, CEO of Activision, as a consequence of a new research to the company derived from the lawsuit filed by the California Department of Fair Employment last July. The scandal, with accusations related to labor abuse and sexual harassment, has set off the alarms of the US government agency, which is responsible for preserving order and efficiency of the companies that intervene in its market.
The information, advanced by Wall Street Journal, ensures that this SEC investigation is “comprehensive” and includes all past accusations, including misconduct and alleged discrimination. This call to Bobby Kotick supposes to mention the maximum exponent of the company, with the impact that this fact can have in the share value of Activision Blizzard later.
The U.S. Securities and Exchange Commission requests key documents
Apparently, The Commission has requested documents that include the minutes of the 2019 Activision Blizzard board of directors meetings., when the aforementioned alleged irregularities began, in order to review all communications between senior executives and contrast the complaints made by employees for possible sexual harassment and discrimination. They have also requested documents from former employees of the staff with the details agreed with the company when formulating their job separation and see what agreements they reached before their departure.
We talk about a complaint shared by more than 2,000 employees, which came followed by wine abandonment de J. Allen Brack, president de Blizzard y critical of the situation. Bobby Kotick he limited himself to saying that people “I would be accountable”For what happened. Days later we learned that Luis Belly and Jesse McCree, director and chief designer of Diablo IV, plus the designer Jonathan LeCraft, from World of Warcraft, they had been fired. These are people involved in the Cosby Suite, the hotel where all kinds of parties, sexist behavior and alleged harassment took place.
On August 25, Activision was indicted for having concealed and destroyed evidence determinants in this case.
Likewise, The Campaign to Organize Digital Employees (CODE-CWA), an organization that fights for workers’ rights, made known this same September its public complaint in parallel against Activison. In the document expose alleged violations of rights with intimidating and coercive techniques.
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